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BioInnovation Labs (BioLabs), LabCentral and MBC BioLabs Announce Strategic Partnership with AbbVie to Boost Innovation in key biotech clusters in the US and Europe.


FOR IMMEDIATE RELEASE

January 10, 2025


Cambridge, MA and San Francisco, CA- January 10, 2025 – BioLabs, LabCentral and MBC BioLabs are excited to announce a five-year strategic partnership with AbbVie, a global biopharmaceutical company. AbbVie has long been a champion of the three organizations’ shared vision for advancing biotech entrepreneurship and continues to play a critical role in the networks they have cultivated over the past decade.


This collaboration will focus on fostering early-stage innovation, enhancing the vibrant ecosystems nurtured by BioLabs, LabCentral and MBC BioLabs and support the over 500+ startups across the network of shared lab facilities in the United States, France, and Germany.


A key highlight of this initiative is AbbVie’s sponsorship of Golden Tickets, available for use at LabCentral in Cambridge, MBC BioLabs in San Francisco, and any of BioLabs’ operating sites in the U.S., France, or Germany. The Golden Ticket provides one year of free lab bench space to emerging biotech startups, significantly reducing operational barriers and enabling promising ventures to focus on scientific breakthroughs.


Through this partnership, the resident companies will have access to investment and entrepreneurial support through AbbVie Ventures, and expertise and guidance through AbbVie’s team of R&D experts. This includes dynamic opportunities for connection and collaboration, including facilitated introductions, mentorship initiatives, dedicated office hours, and curated networking events.


LabCentral serves as a launchpad for high-potential life science and biotech startups in Cambridge, providing resources to accelerate growth and innovation. BioLabs operates as an international membership-based network of shared lab and office facilities, connecting global biotech communities and MBC BioLabs specializes in co-working laboratory spaces in the San Francisco, Bay Area, offering startups the tools they need to thrive. Together, these three organizations currently empower more than 500+ biotech startups to advance their science, grow their businesses, and make a lasting global impact.


Dr. Doug Crawford, Founder and General Manager of MBC BioLabs commented: "We are thrilled to continue our partnership with AbbVie, a global leader in biopharmaceutical innovation, to support the next generation of biotech entrepreneurs. Together, we are empowering startups to advance groundbreaking therapies and technologies that have the potential to transform human health. By providing access to state-of-the-art facilities, expert guidance, and strategic resources, we are enabling these innovators to focus on what matters most—accelerating life-saving discoveries and improving patient outcomes worldwide." –


Dr Johannes Fruehauf, Founder and President of BioLabs and LabCentral added: Expanding our partnership with AbbVie is an important milestone in our commitment to advancing Innovation in the life sciences worldwide. Together, with AbbVie, we share a mission to improve human health. This partnership will grant AbbVie access to the cutting-edge drug development research across our global network enabling startups to accelerate their progress and achieve their goals. We’re thrilled for this opportunity and look forward to having AbbVie as a key partner on this exciting journey of driving progress in therapies and human health worldwide.


Dr. Christian Schubert, Vice President and Head of AbbVie Ventures: “AbbVie is dedicated to investing in transformative first-in-class science aligned with our core R&D interests, as well as the visionaries behind them. In addition, we support innovative life science ecosystems globally with the goal to build and foster engaging relationships for future partnerships. As tomorrow’s innovations are developed by today’s entrepreneurs, we are delighted to deepen our long-standing collaboration with BioLabs, LabCentral, and MBC BioLabs to help catalyze early-stage innovation across their global and growing networks of resident companies.”


ABOUT MBC BIOLABS

MBC BioLabs believes startups are the greatest force for positive change in the world. We offer flexible state-of-the-art lab space, facilities, access to millions of dollars in equipment and instrumentation, along with a vibrant community of like-minded individuals tackling some of the world’s biggest problems. We are dedicated to helping biotech startups succeed – we enable awesome. We have helped launch and grow over 350 companies since opening in October of 2013, and together, MBC companies have initiated 153 clinical trials, introduced 71 products to market, and raised nearly $16 billion


ABOUT BIOLABS

A membership-based innovation platform and network of shared laboratories, BioLabs offers beautifully designed coworking environments that pair fully equipped and supported lab, office, and event spaces with relevant programming and unparalleled access to capital and industry partners. These fertile, supportive ecosystems allow young companies to shift their focus from startup operations to experimentation and innovation so they can reach their scientific potential quickly and achieve business success. Companies can start with a single lab bench and scale up as they grow. The expanding BioLabs network currently operates labs in the US: California; Connecticut; Massachusetts; New Jersey; North Carolina; New York City; Pennsylvania; Texas; Vermont; in Europe, Paris and Saclay, France, Heidelberg and Berlin, Germany, and in Kawasaki, Japan. Learn more at www.biolabs.io.


ABOUT LABCENTRAL

A private, non-profit institution, LabCentral is a launchpad for high potential life-sciences and biotech startups with 243,000 square feet of space across Kendall Square in Cambridge, Mass., and the Harvard University campus. Founded in 2013, LabCentral offers a full complement of programming and networking to life sciences entrepreneurs in addition to fully permitted laboratory and office space for early-stage and growing life sciences companies. More information is available at www.labcentral.org.

For Further information please contact:


BioLabs Global, Inc.

Business Development Department



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